APPLIED MATERIALS, INC.
CONSOLIDATED CONDENSED BALANCE SHEETS


(In thousands) October 27,
1996		 October 29,
1995
ASSETS
Current assets:
  Cash and cash equivalents $ 403,888 $ 285,845
  Short-term investments 633,744 483,487
  Accounts receivable, net 822,384 817,730
  Inventories 478,552 427,413
  Deferred income taxes 281,586 198,888
  Other current assets 72,915 98,250
Total current assets 2,693,069 2,311,613

Property, plant and equipment, net 919,038 630,746
  Other assets 25,880 23,020
Total assets $ 3,637,987 $ 2,965,379

LIABILITIES AND STOCKHOLDERS' EQUITY
Current liabilities:
  Notes payable $ 77,522 $ 61,748
  Current portion of long-term debt 22,640 21,064
  Accounts payable and accrued expenses 791,897 659,572
  Income taxes payable 43,168 119,347
Total current liabilities 935,227 861,731

Long-term debt 275,485 279,807
Deferred income taxes and other non-current obligations 56,850 40,338
Total liabilities 1,267,562 1,181,876

Stockholders' equity:
  Common stock 1,802 1,792
  Additional paid-in capital 763,376 760,057
  Retained earnings 1,599,564 999,979
  Cumulative translation adjustments 5,683 21,675
Total stockholders' equity 2,370,425 1,783,503
Total liabilities and stockholders' equity $ 3,637,987 $ 2,965,379



Back to Press Release